NOT LISTED FOR SALE
4 Beds
17 Baths
4,788 Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: October 25, 2023

Last sale price $1,070,000 $223 Per Sq Ft

74 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Laundry Facilities
  • 8 Car Detached Garage
  • Baseboard Heating

About This Home

As of October 2023

Present in the heart of Cloverdale, this well-positioned income producing apartment complex comprises seven units, situated on a corner lot. The diverse unit configuration includes two cozy studio units, three spacious 2-bedroom/2-bathroom units, and two comfortable 1-bedroom/1-bathroom units. Five of the units boast small fenced-in areas.This property offers residents the convenience of an onsite coin-operated laundry room, and covered parking spaces. Each unit has a separate electric meter.

Last Agent to Sell the Property

Shiela Frye

W Real Estate License #02128792 Listed on: 08/04/2023

W Real Estate

Co-Listed By

Vicki Thiessen

W Real Estate License #01706979

Last Buyer's Agent

Isaiah Chass

Livxplore Real Estate & Lifestyle License #02080155

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Property Details

Home Type

  • Multi-Family

Lot Details

  • 11,718 Sq Ft Lot
  • Corner Lot

Home Design

  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 4 Bedrooms
  • 4,788 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Linoleum
  • Tile

Parking

  • 8 Car Detached Garage
  • 8 Carport Spaces
  • On-Street Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • Separate Meters
  • 220 Volts
  • Property is located within a water district
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 001-195-009-000

Community Details

Overview

  • 7 Units
  • Doyle & Overton Add Subdivision

Additional Features

  • Laundry Facilities
  • Gross Income $70,920

Property Details

Home Type

Multi-Family

Lot Details

0.27 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Citrus Fair Drive to S Cloverdale Blvd right on Lake St - property at end of street on the left.
  • Lot Size Acres: 0.2690
  • Stories: 2
  • CapRate: 4.50
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Free Standing Electric Range
  • Accessibility Features: None
  • Flooring: Carpet, Linoleum, Tile, Varies By Unit
  • Price Per Square Foot: 223.48
  • Square Footage: 4788.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter, Pillar/Post/Pier
  • Lot Features: Corner, Curb(s), Sidewalk
  • Property Condition: Varies By Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Covered, Detached, Street
  • Total Parking Spaces: 8.00
  • Carport Spaces: 8.00

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Security Features: Smoke Detector, Varies By Unit
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Meter Paid, Meter Required, Water District
  • Heating: Baseboard, Electric
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 001-195-009-000
  • Lot Size Sq Ft: 11718.00

Multi Family

  • 1 Bedroom Rent Range: 1015-1075
  • Two Bedroom Rent Range: 1195
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 2
  • Number of Studio Units: 2
  • NumberOfUnitsTotal: 7
  • Number Studios Occupied: 2

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,740,000 Fidelity National Title
Lake Street Cd Llc $1,070,000 First American Title
Frye William H $50,000 Fidelity National Title Co
Frye Christopher W -- None Available
Frye William H -- --
Frye William H Tr Et Al $330,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $870,000
Previous Owner Lake Street Cd Llc $290,000
Previous Owner Lake Street Cd Llc $750,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $1,070,000 -8.9% $223 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $1,175,000 -- $245 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,763 $956,935 $376,002 $580,933
2025 $11,763 $938,379 $368,630 $569,749
2024 $11,646 $920,186 $361,402 $558,784
2023 $11,646 $542,712 $229,053 $313,659
2022 $7,104 $532,126 $224,562 $307,564
2021 $7,019 $521,748 $220,159 $301,589
2020 $6,998 $516,428 $217,902 $298,526
2019 $6,871 $506,358 $213,630 $292,728
2018 $6,480 $496,486 $209,442 $287,044
2017 $6,378 $486,807 $205,336 $281,471
2016 $6,270 $477,597 $201,310 $276,287
2015 $5,982 $470,191 $198,287 $271,904
2014 $5,801 $461,036 $194,403 $266,633
Source: Public Records

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323051536

Bay Area Real Estate Information Services (BAREIS)
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